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Series: 5G & Sports — Novel home viewing experiences will spawn startup opportunities
5G technology will allow entrepreneurial opportunities as the relationship between fans and sports evolves
In my previous article, I discussed how the home viewing experience for fans would change with 5G technology being introduced into the media and entertainment landscape. As a follow-up to that and in the interest of continuing this series, albeit a little later than I promised, I shall cover in this article some opportunities that will pop up and what could a startup or an aspiring entrepreneur do and think about.
Think about Netflix. It has been made possible by better streaming capabilities and things going digital. When technology evolves, new names will enter the market and become ubiquitous over time. Those who saw the concept early were able to create value, proliferate wealth, provide jobs, spawn new industries, and subtly teach innovation concepts. 5G technology will be another game-changer that will revolutionise the way industries work, how individual components within the value chain interact, the customer experiences for all channels, and much more. Let us see how 5G will create similar opportunities to build businesses and value around.